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Desktop Metal ( (DM) ) just unveiled an update.
Desktop Metal, Inc. is set to merge with Nano Dimension Ltd., and stockholders need to submit specific documents to avoid a 25% Israeli withholding tax on merger proceeds. The merger is expected to be finalized in late 2024, subject to regulatory approvals. Stockholders should consult tax advisors to prepare the necessary documentation and ensure smooth transaction processing.
See more data about DM stock on TipRanks’ Stock Analysis page.